M&A
confidence high
sentiment positive
materiality 0.85
Hilton Grand Vacations Inc. (HGV): M&A transaction — HGV completes $1.5B acquisition of Bluegreen Vacations; files historical & pro forma financials
Hilton Grand Vacations Inc.
- All-cash deal at $75/share; enterprise value ~$1.5B inclusive of net debt; closed Jan 16, 2024.
- BVH nine-month 2023 revenue $747.6M; net income attr. to shareholders $54.1M; diluted EPS $3.31.
- BVH total assets $1.54B, equity $305.7M as of Sep 30, 2023; allowance for loan losses $232.4M.
- Historical audited financials for BVH (FY2022/2021) and unaudited pro forma combined info filed.